U.S. Manufacturing Technology orders for the month of September totaled $397.57 million, according to The Association for Manufacturing Technology, in the latest USMTO survey of participating companies. That figure was up 5.8% from August but down 31.1% when compared with the total of $577.17 million for September 2012, and down 11.3% year-to-date ($3,507.71 million) compared with the same period 2012.
Douglas K. Woods, President of AMT, stated, "The year-over-year decline was anticipated due to the typical high volume during an IMTS (International Machine Tool Show) year, which we saw in September 2012. A recent uptick in factory orders shows strong activity in a number of industries, particularly aerospace, which is forecast to grow more than 10% in the coming year. We also expect growth in automotive and energy, good news for manufacturing overall."
Reports for the six geographic regions show that regions declining in September included the Northeast region (down 1.1% compared to August's orders and down 30% when compared with September 2012); the Southeast region (down 19.5% compared with September 2012).
Regions showing a September increase in orders included the North Central-East region, with orders up by 10.8% in September but down 27.8% compared with September 2012; North Central-West region with orders up 3.2% over August, but 52.6% less than the September 2012 total and at $646.78 million, the 2013 YTD total is 16.1% less than the total for the same period of 2012. The South Central region with September orders 13.0% higher than August 2013 orders, but 22.5% lower than in September 2012.